MAM
PromotEdge wins exclusive marketing mandate for Style Baazar
Mumbai: PromotEdge, a leader in integrated marketing solutions, has officially secured the exclusive marketing mandate for Style Baazar, a prominent name in the fashion retail industry. The collaboration symbolizes a fusion of innovation and creativity, setting a benchmark for the future of retail marketing. Together, PromotEdge and Style Baazar will develop a strategic roadmap, encompassing Brand’s way forward, content creation for digital, social media management, performance marketing, and influencer marketing. They will work towards shaping Style Baazar’s brand, emphasizing digital content that resonates with core audiences, managing and enhancing social media presence, employing data-driven performance marketing strategies, and engaging influential voices to build a relatable and aspirational brand.
PromotEdge CEO Saurav Agarwal expressed enthusiasm about the partnership, stating, “We are committed to driving Style Baazar’s success through a blend of creativity and strategy. This mandate goes beyond marketing; it’s about shaping an entire brand’s journey.” Style Baazar CMO Siddhantt Khemani shared similar sentiments, adding, “PromotEdge’s multifaceted approach makes them the perfect partner for Style Baazar. Their expertise in these key areas will empower our brand, enabling us to connect with our customers in novel and impactful ways.”
This exciting collaboration marks a new era for Style Baazar, weaving a holistic marketing strategy designed to resonate with contemporary consumers and set new industry standards. The partnership promises to make waves in the competitive landscape of fashion retail and stands as a testament to the shared vision and commitment of both organisations.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
